Abstract
The term “Industry 4.0” became publicly known in 2011, when representatives from business, politics, and academia supported the idea to strengthen the competitiveness of the German manufacturing industry (Kagermann, Lukas, and Wahlster, 2011). Promoters of this idea expect Industry 4.0 to be a change agent to improve different industrial processes, such as manufacturing, engineering, material usage, supply chain, and life cycle management (Kagermann, Helbig, Hellinger, and Wahlster, 2013). Since its inception, Industry 4.0 has gained tremendous interest from governments, public organizations, and private industries. The German government invested USD 200 million to spur Industry 4.0 research across government, academia, and business as part of their “high-tech strategy 2020” initiative (Zaske, 2015); the UK government committed to codevelop advance manufacturing technology standards (Addison, 2014); the U.S. government initiated the “Smart Manufacturing Leadership Coalition” with an investment of USD 140 million to develop new technology solutions in advanced manufacturing (Anonymous, 2016); and the Chinese government initiated a 10-year government program focusing on automation and cyber-physical systems
(CPSs) (Pardo, 2016).
Although Industry 4.0 is currently a top priority for many companies, research centers, universities, and countries, there is variation in the understanding of the term and what it encompasses. Industry 4.0 alludes to a fourth industrial revolution enabled by the following concepts: smart factories, smart services, CPSs, Internet of things, self-organization, new systems in distribution and procurement, new systems in the development of products and services, adaptation to human needs, and corporate social responsibility (Kagermann, Helbig, Hellinger, and Wahlster, 2013; Wollschlaeger, Sauter, and Jasperneite, 2017).
(CPSs) (Pardo, 2016).
Although Industry 4.0 is currently a top priority for many companies, research centers, universities, and countries, there is variation in the understanding of the term and what it encompasses. Industry 4.0 alludes to a fourth industrial revolution enabled by the following concepts: smart factories, smart services, CPSs, Internet of things, self-organization, new systems in distribution and procurement, new systems in the development of products and services, adaptation to human needs, and corporate social responsibility (Kagermann, Helbig, Hellinger, and Wahlster, 2013; Wollschlaeger, Sauter, and Jasperneite, 2017).
Original language | English |
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Title of host publication | Emerging Frontiers in Industrial and Systems Engineering |
Subtitle of host publication | Success Through Collaboration |
Editors | Harriet B. Nembhard, Elizabeth A. Cudney, Katherine M. Coperich |
Place of Publication | Boca Raton |
Publisher | CRC Press |
Chapter | 3 |
Pages | 21-34 |
Number of pages | 14 |
ISBN (Electronic) | 9780429947711 |
ISBN (Print) | 9781138593756 |
DOIs | |
Publication status | Published - 13 Jun 2019 |
Publication series
Name | Emerging Frontiers in Industrial and Systems Engineering: Success through Collaboration |
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Bibliographical note
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Names: Nembhard, Harriet Black, editor. | Cudney, Elizabeth A., editor. | Coperich,Katherine, editor.
Title: Emerging frontiers in industrial and systems engineering : success through collaboration / edited by Harriet B. Nembhard, Elizabeth A. Cudney, and Katherine Coperich.
Description: Boca Raton : Taylor & Francis, a CRC title, part of the Taylor & Francis imprint, a member of the Taylor & Francis Group, the academic division of T&F Informa, plc, 2019. | Series: Continuous improvement series | Includes bibliographical references. Identifiers: LCCN 2019004824 | ISBN 9781138593756 (hardback : acid-free paper) | ISBN 9780429488030 (e-book)
Subjects: LCSH: Industrial engineering. | Systems engineering. | Academic-industrial collaboration. Classification: LCC T56.24 .E44 2019 | DDC 620.001/171—dc23 LC record available at https://lccn.loc.gov/2019004824